Rate updated May 11, 2026 · 87 banks tracked

SoFi savings account rate: 3.3% APY

Q: What is SoFi's savings account interest rate?

SoFi pays 3.3% APY on its Savings Account as of May 11, 2026, based on rates SwitchWize tracks across 87 banks.

Q: Which banks pay more than SoFi?

Higher-paying tracked options include dollarsavingsdirect (3.9%), mysavingsdirect (3.9%), and customers (3.9%).

SoFi pays 3.3% on its savings account — ranking in the upper half of the 87 banks SwitchWize tracks, where the top available rate is 3.9%. (Updated May 11, 2026.)

The gap, in your dollars

At 3.3%, $25,000 earns $825/yr here versus $975/yr at the field leader — a $150/yr difference.

See your exact number →

Higher-paying alternatives we track

dollarsavingsdirectView rate →mysavingsdirectView rate →customersView rate →

Rates subject to change. Verify before switching.

Is it safe to switch? Any FDIC-insured bank carries the same federal deposit protection — the same coverage big banks carry. Verify SoFi and alternatives →

Frequently asked questions

What is SoFi's savings account interest rate?▾

SoFi pays 3.3% APY on its savings account as of May 11, 2026, based on rates SwitchWize tracks across 87 banks.

Is SoFi's savings rate good?▾

SoFi's 3.3% ranks in the upper half of tracked banks. The top available rate is 3.9% and the big-bank median is 3%.

Which banks pay more than SoFi?▾

Higher-paying tracked options include dollarsavingsdirect, mysavingsdirect, customers. Compare rates at /banks to find the best current option.

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General information only. Rates change frequently; verify directly with the institution before making financial decisions. SwitchWize is not a bank and does not provide financial advice.